Nigeria: Poverty at 1.90 USD per day
* indicates monthly or quarterly data series
| Nigeria |
Poverty ratio, percent living on less than 1.90 USD a day |
|---|---|
| Latest value | 41.80 |
| Year | 2022 |
| Measure | percent |
| Data availability | 1985 - 2022 |
| Average | 45.11 |
| Min - Max | 34.20 - 60.90 |
| Source | The World Bank |
The latest value from 2022 is 41.8 percent, an increase from 34.2 percent in 2018. In comparison, the world average is 6.26 percent, based on data from 68 countries. Historically, the average for Nigeria from 1985 to 2022 is 45.11 percent. The minimum value, 34.2 percent, was reached in 2018 while the maximum of 60.9 percent was recorded in 1996.
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Definition: Poverty headcount ratio at $2.15 a day is the percentage of the population living on less than $2.15 a day at 2017 purchasing power adjusted prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Gini inequality index | 33.90 | 2022 | index points |
| Poverty ratio | 56.20 | 2023 | percent |
| Poverty at 1.90 USD per day | 41.80 | 2022 | percent |
| Poverty at 5.50 USD per day | 92.90 | 2022 | percent |
| Top 10 percent income share | 26.30 | 2022 | percent |